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Saturday, September 23, 2017, 2:48 a.m.

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Hacking whacks stock at Equifax

Firm loses 13.7% after data breach

By Compiled by Democrat-Gazette staff from wire reports

This article was originally published September 9, 2017 at 4:32 a.m. Updated September 9, 2017 at 4:32 a.m.

Shares of Equifax Inc. fell almost 14 percent Friday, a day after the company announced that hackers had gained access to names, addresses, Social Security numbers and some driver's license numbers of potentially 143 million consumers.

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Displaying 1 - 3 of 3 total comments

TimberTopper says... September 9, 2017 at 7:38 a.m.

The execs each deserve a rest in the big house for years!

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RBear says... September 9, 2017 at 8:10 a.m.

Equifax continues to handle this poorly. Their site to let you know information was all but ambiguous when you put in your information. It turns out that ambiguity means your information was exposed. Crowd sourcing showed what you would receive if your information had not been exposed. What's even worse is they offered you their services to monitor your credit. Really? You expose my information and then you want me to give you more information to protect me from your failure?
...
Equifax will probably survive this incident, but the executives need to be removed by the board and no one should hire them again. The best job for them is slinging hamburgers at McDonald's. There maybe they can't do any more damage.

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GCW says... September 9, 2017 at 5:34 p.m.

It's not like Equifax also manufactures door knobs. They do one thing...get our information from banks and sell it back to them. I guarantee you they and the banks will cry like babies when mildly pressured to make this right. A friendly lawsuit will result in a settlement for a tiny fraction of the money they made being loosey goosey with consumer's private info then be forgiven like it never happened. Stock will be higher than ever. Congress will jump in and more pass laws to make it harder to cash checks and buy homes.

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